Dutch biotech innovator NEFFA (New Fashion Factory) proudly announces the successful closure of its seed funding round, signalling a significant milestone in its mission to revolutionize the fashion and interior industries through the use of innovative automated, seamless 3D manufacturing technology powered by circular lab-grown materials, including the revolutionary mushroom-based MYCOTEX.

Founded by Aniela Hoitink, NEFFA has attracted a prestigious consortium of investors, each bringing not only essential funding but also a wealth of industry expertise and influential connections, having extensive experience in biotechnology and fashion. This achievement also reaffirms the trust of NEFFA’s current investors, who share the vision of a brighter future for sustainable technology and materials.

The seed funding round was spearheaded by the Dutch Industrial Biotech Seed Fund (part of the Capricorn Industrial Biotech Fund) and is managed by the Cleantech Team of Capricorn Partners. Collaborating alongside are two of NEFFA’s existing institutional investors: the DOEN Foundation and ROM Utrecht Region. The final partner in this stellar consortium is PDS Ventures, a fashion-centric fund committed to fostering a sustainable value chain within the fashion industry.

NEFFA’s successful seed funding round not only marks a significant step forward for the company but also reaffirms the growing momentum of sustainable solutions within the fashion and interior industries. As NEFFA continues to push the boundaries of what’s possible, the global community can look forward to a more sustainable, customizable, and environmentally conscious future.

For further reading, please go to Capricorn’s website.